19. The Impact of Blockchain to Nonprofits

Track: 
Accounting & Auditing
Field of Study: 
Accounting
Auditing
CPE Credit: 
1.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Tuesday, June 19, 2018
 
8:00AM-8:50AM

Blockchain technology and cryptocurrencies are changing the way people do business. Foundations and public charities are realizing the potential and are investing the time and resources to utilize the technology. This session will cover important accounting considerations for CPAs involved with not-for-profit organizations utilizing these technologies.

Learning Objectives:

  • Get an overview of the regulatory landscape and initiatives of the FASB and SEC.
  • Learn important considerations on how to account for cryptocurrencies and tokens within the current U.S. GAAP framework.
  • Understand important audit considerations when working with not-for-profit organizations utilizing cryptocurrencies and tokens.
  • Learn about available tools and resources.


SESSION SPEAKER(S)

CPA, CGMA
Assurance Partner, BPM LLP